News Release

Apr. 08, 2009: Withdraws BBB/Stable rating on senior debts of Rasa Industries; Withdraws preliminary A rating on shelf of Hiroshima Gas; Removed Credit Monitor from AEON Thana Sinsap (Thailand) Public Company; Withdraws #BBB+/Developing rating on Daiwabo Information System; Affirmed BBB/Stable and J-2 on GS Yuasa; Assigned BBB/Stable to senior debts of Hochiki

Apr. 07, 2009: Removes Credit Monitor (Negative) of PTT Public Company; Removes Credit Monitor (Negative) of Kingdom of Thailand; Affirmed A-/Stable and J-1 on sr.debts and CP of Idemitsu Credit; Placed rating on Sankyo-Tateyama Holdings under Credit Monitor Negative; Removes Credit Monitor (Negative) of PTT Exploration and Production Public Company

Apr. 06, 2009: Assigned AA- to 2nd series loan A/trust certificates of HC Ayasegawa; Assigned AA- to 2nd series loan A/trust certificates of HC Ayasegawa; Affirmed BB on Tokushinkai Group; Revised outlook to Positive; Affirmed BBB-/Stable on senior debts of Nakabayashi; Affirmed BBB/Stable on sr.debts of Unimat Life; Assigned preliminary A+ rating to shelf of Nippon Paper Group; Affirmed AA- on sr.debts of Kaneka; Revised outlook to Negative

Apr. 03, 2009: Withdraws A/Stable rating on sr.debts of Sunx Limited; Affirmed A-/Stable and J-1 on Keihan Electric Railway; Affirmed A- rating on Aoki Holdings; Revised outlook to Stable

Apr. 02, 2009: JCR's Rating Review of 3 Japan Railway companies; Affirmed BBB/Stable on sr.debts of Asahi Printing; Affirmed A- on Riso Kagaku; Revised outlook to Negative; JCR Assigned AA- rating to notes of Nomura Global Funding

Apr. 01, 2009: Assigned AA- to euroyen notes of SUNTORY EUROPE; Assigned AA-/Positive, AA- and J-1+ to Suntory Holdings Limited; Assigned A+/Stable to senior debts of Meiji Holdings; JCR Withdraws AA- rating on EMTN of Suntory
JCR Withdraws AA- rating on EMTN of SUNTORY EUROPE
JCR Withdraws AA- rating on EMTN of SUNTORY CAPITAL; Withdraws AA-/Positive, preliminary AA- and J-1+ rating on Suntory; Withdraws BB+/Negative rating on Tokura Construction; Upgraded Tohcello rating to A and J-1; Removed Credit Monitor; Removed Credit Monitor and Upgraded Meiji Dairies rating to A+; Removed Credit Monitor and affirmed A+ rating on Meiji Seika; Assigned BBB/Stable to sr.debts of Vital KSK Holdings; Withdraws #BBB/Positive rating on Vital-Net; Assigned preliminary A- rating to shelf of Okamura Corporation; Assigned BBB+/Stable to Toho Holdings; Affirmed J-2 on CP

Mar. 31, 2009: Assigned J-1+ to Teral Bills Receivable ABL09-03; Assigned J-1 to Molten Bills Receivable ABL09-03; Assigned J-1+ to JUTEC Bills Receivable ABL09-03; Withdraws BBB-/Stable rating on Tekken; Withdraws BBB-/Stable rating on Janome Sewing Machine; Withdraws BBB+, BBB- and J-2 rating on Atrium; Withdraws BBB+/Stable rating on Simplex Investment Advisors; Assigned J-1+ to CP program of Keio Corporation; Downgraded Futaba Industrial ratings to BBB; Removed CM; Assigned A- and J-1 to Cedyna Financial Corporation; Outlook Stable

Mar. 30, 2009: Assigned J-1 to Toyoshima Bills Receivable ABL09-03; Assigned J-1 to Castem Bills Receivable ABL09-03; Assigned J-1 to Aso Shoji Bills Receivable ABL09-03; Assigned J-1 to Ochisangyo Bills Receivable ABL09-03 (1),(2)&(3); Assigned J-1 to SEIBUKIZAI Bills Receivable ABL09-03; Assigned J-1 to Nippon Tungsten Bills Receivable ABL09-03; JCR Affirmed BBB/Negative and J-2 on Tokai Tokyo Financial Holdings
JCR Assigned BBB/Negative and J-2 on Tokai Tokyo Securities; Assigned preliminary AA- to shelf of Mitsui O.S.K. Lines; Affirmed BBB/Stable on senior debts of Sintokogio; Affirmed A/Stable and A on sr.debts and bonds of Kureha; Affirmed AA+p/Stable on senior debts of Shin-Etsu Chemical

Mar. 27, 2009: Assigned J-1 to Kimura Bills Receivable ABL09-03; Assigned J-1 to A&D Bills Receivable Trust Certificates; Affirmed BBB on WBBL secured senior loan; Assigned J-1 to Osaka Steel Tube Bills Receivable ABL09-03; Affirmed AAA/Stable on sr.debts of Kyushu University; Affirmed BBB/Stable on Nichias; Downgraded Shikoku Bank rating to A-, BBB+; Outlook remains Stable; Affirmed BBB/Stable on senior debts of Saga Kyoei Bank; Affirmed BBB/Stable on senior debts of Tokyo Derica

Mar. 26, 2009: Assigned J-1 to Bills Receivable ABL09-03 (B Corporation in Mie); Affirmed AAA on Octave Synthetic CDO Series 3 Classes A-1/A-2/B; Assigned J-1+ to Chudai Jitugyo Bills Receivable ABL09-03; Assigned AA-/Stable and AA- to Global One Real Estate Investment; Affirmed AA/Stable on sr.debts of Kokugakuin University; Affirmed BBB-/Stable and BBB- on sr.debts and bonds of Tomy; Affirmed J-2 on CP of Furukawa Electric

Mar. 25, 2009: Assigned J-1 to Bills Receivable ABL09-03 (A Corporation in Aichi); Assigned J-1 to CATERPILLAR Kyushu Bills ABL09-03; Assigned J-1 to Nakagawa Seitaikako Bills Receivable ABL09-03; Assigned J-1+ to MSNW Trust Certificate Series 09030; Assigned J-1 to healthcare fees ABL09-03 (Asahikawa Sanai HP); Assigned J-1 to healthcare fees ABL09-03 (D Hospital); Affirms AA/AA (FC/LC) Ratings on Slovenia; Outlook Stable; Assigned A/Stable to senior debts of J. F. Oberlin University and Affiliated Schools

Mar. 24, 2009: Assigned J-1 to Fuji Shokai Bills Receivable ABL09-03; Affirmed BBB-/Stable on Kanematsu Corp.; Assigned J-2

Mar. 23, 2009: Assigned J-1 to healthcare fees ABL09-03 (Asahikawa Sanai HP); Assigned J-1 to Hayakawa Rubber Bills Receivable ABL09-03; Downgrades Ratings of Russian Federation to BBB+/A- (FC/LC); Outlook Negative; Affirmed A/Stable and J-1 on Mitsumi Electric

Mar. 19, 2009: Assigned J-1 to healthcare fees receivable ABL09-03 (C Hospital); Affirmed BBB+/Stable on senior debts of IDEC; Assigned preliminary A rating to shelf of Jupiter Telecommunications; Affirms AAA Ratings on Belgium; Upgraded Ohsho Food Service rating to BBB+; Outlook remains Stable; Assigned preliminary A- to shelf registration of Kintetsu; Upgraded rating for Shinki to BBB+; Removed from CM; Upgraded Century Leasing System to A; Removed from Credit Monitor : Assigned A and J-1 rating anew to Century Tokyo Leasing; Outlook Stable; Upgraded Century Leasing System to A; Removed from Credit Monitor : Assigned A and J-1 rating anew to Century Tokyo Leasing; Outlook Stable; Upgraded Century Leasing System to A; Removed from Credit Monitor : Assigned A and J-1 rating anew to Century Tokyo Leasing; Outlook Stable

Release Information: News Release; Issuer Reports; Reports relating to Issuer; JCR News